June 6, 2026
France President Emmanuel Macron
By Favour Ulebor
French President Emmanuel Macron has announced a €23 billion (about $27 billion) investment package targeting Africa’s energy, agriculture, digital technology, industry and maritime sectors, as France seeks to strengthen its economic presence on the continent.
The announcement was made at the Africa Forward Summit in Nairobi, Kenya, where leaders, investors and business executives gathered to discuss new partnerships between Africa and France amid growing global competition for influence in the region.
